- Cryptotimes Africa

New Bitcoin-Cardano Bridge Just Launched

Russia Plans To Use Bitcoin To Evade Western Sanctions

by 'Femi Michael October 24, 2024

Russia leverages Bitcoin to bypass western sanctions, boosting crypto mining and cross-border payments at the BRICS summit As global tensions rise, Russia is increasingly turning to Bitcoin and other cryptocurrencies as a way to sidestep Western sanctions. This development is a major…

Bitcoin

Bitcoin soar ahead of US Presidential Election

by 'Femi Michael October 21, 2024

Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. presidential election in two weeks. Election polls show rising odds of former President Donald Trump winning…

Article Bitcoin Industry

BTC Bulls Targeting $70,000

by 'Femi Michael October 15, 2024

Bitcoin is on fire at press time, printing a mega bull bar. After yesterday’s impressive performance, the short- to medium-term trend has been defined and made clear on the daily chart. As it is, bulls are back in the equation. The close…

Bitcoin

REPORT | Meme Coins Rule the Chart and Story, Driving Down the Total Crypto Market Cap by Over 14% in Q2 2024

by Crypto Oracle July 20, 2024

According to a recent CoinGecko analysis, the entire market capitalization of cryptocurrency regained some of its gains in Q2 2024 after almost reaching all-time highs in Q1 2024. It decreased by $408.8 billion (-14.4%) and closed at $2.43 trillion in June 2024.…

Bitcoin

BITCOIN | Since the collapse of FTX, Bitcoin Has Seen One of the Largest Realised Losses

by Crypto Oracle July 6, 2024

After plunging to its lowest point in more than four months, the price of Bitcoin has now rebounded. According to CoinGecko, the cryptocurrency is up 4.1% in the previous day, peaking at little over $56,400. In the last 24 hours the price…

Bitcoin

BITCOIN | Mt. Gox Transfers More Than 47,000 Bitcoins (BTC) to a New Wallet Before Scheduled July 2024 Repayments

by Crypto Oracle July 5, 2024

The estate of the defunct crypto exchange, Mt. Gox, has transferred over 47,000 BTC ahead of its plan to repay $9 billion BTC to creditors. One of Mt Gox’s three wallets that held significant portions of funds sent around 47,228.7 BTC (about…

Bitcoin

BITCOIN | As Mt. Gox Gets Ready to Make Distributions, Over 141K BTC Supply May Hit the Market

by Crypto Oracle June 20, 2024

Investors with keen eyes have noticed wallets from the defunct bitcoin exchange Mt. Gox moving more than $7 billion in cryptocurrency. The market saw considerable panic after the now-defunct cryptocurrency exchange allegedly transferred over 141K Bitcoin, or more than $9 billion, from…

Bitcoin News

Bitcoin Soars Above $71K on Back of Strongest ETF Inflows Since March

by Terry Kunle June 5, 2024

Buckle up, crypto enthusiasts! Bitcoin surged past $71,000 in Asian trading today, fueled by the biggest single-day inflow of investment into Bitcoin ETFs since March. This bullish surge coincides with the release of provisional data showing a whopping $880 million injection into…

Bitcoin

BITCOIN | As Bitcoin Open Interest Breaks ATH, Analyst Warns That “The Crypto Market is Getting Away with Itself”

by Crypto Oracle March 7, 2024

On March 4, 2024, open interest in Bitcoin reached $31 billion, breaking the previous high of $24.3 billion established on April 14, 2021. Analysts are urging caution due to the increase in open interest, drawing comparisons to the bull market of 2021.…

Bitcoin News

Four New Options for Issuing Digital Assets Secured by Bitcoin

by Crypto Oracle February 27, 2024

While a number of blockchain networks have been using the term "issuing blockchain-based digital assets" as a catchphrase for some time now, Bitcoin has fallen behind because of its emphasis on digital currency. Nevertheless, the idea has now been incorporated into the…